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Monday, April 3, 2017

How Bitcoin Exchange Market is Preparing for Hard Fork

Bitcoin exchanges are preparing for a potential hard fork execution of Bitcoin Unlimited. While most major Bitcoin exchanges including BTCC, Bitstamp and Bitfinex have clarified their stance on the hard fork contingency, some regional exchanges such as Korbit and HitBTC haven’t come to a consensus in regards to hard fork support.

On March 24, Cointelegraph spoke to HitBTC about their questionable statement released to their users about the Bitcoin Unlimited hard fork.

In their statement, HitBTC wrote:

“Bitcoin Unlimited has been listed on the platform and is available for trading from March 24. The exact date of the hard fork is currently unknown and BTC and BTU withdrawals are temporarily locked due to the probable replay attack which may occur after the split. Withdrawals will be unlocked soon after the hard fork is complete.”

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